Common use of Continuous Negative Balance Clause in Contracts

Continuous Negative Balance. If the balance in your account is negative at the end of a business day and continues to be negative at the end of each business day for five (5) consecutive business days, then we will begin to assess a Continuous Negative Balance Charge to your account for each business day thereafter that your account continues to have a negative balance, up to a maximum of twenty (20) business days. The amount of the Continuous Negative Balance Charge is stated in our Schedule of Service Fees and Charges and is in addition to any service charge that we may assess for any item we return for insufficient funds or any overdraft. You can avoid the Continuous Negative Balance Charge by promptly depositing or transferring sufficient available funds to your account to pay the amount of the overdraft - plus any overdraft charges we have assessed - within the first five (5) consecutive business days from the time your account became over- drawn. The Continuous Negative Balance Charge will not be assessed if your negative account balance is within the tolerance threshold specified in our Schedule of Service Fees and Charges.

Continuous Negative Balance. If the balance in your account is negative at the end of a business day and continues to be negative at the end of each business day for five five (5) consecutive business days, then we will begin to assess a Continuous Negative Balance Charge to your account for each business day thereafter that your account continues to have a negative balance, up to a maximum of twenty (20) business days. The amount of the Continuous Negative Balance Charge is stated in our Schedule of Service Fees and Charges and is in addition to any service charge that we may assess for any item we return for insufficient funds or any overdraft. You can avoid the Continuous Negative Balance Charge by promptly depositing or transferring sufficient available funds to your account to pay the amount of the overdraft - plus any overdraft charges we have assessed - within the first five first five (5) consecutive business days from the time your account became over- drawn. The Continuous Negative Balance Charge will not be assessed if your negative account balance is within the tolerance threshold specified specified in our Schedule of Service Fees and Charges.

Continuous Negative Balance. If the balance in your account is negative at the end of a business day and continues to be negative at the end of each business day for five (5) consecutive business days, then we will begin to assess a Continuous Negative Balance Charge to your account for each business day thereafter that your account continues to have a negative balance, up to a maximum of twenty (20) business days. The amount of the Continuous Negative Balance Charge is stated in our Schedule of Service Fees and Charges and is in addition to any service charge that we may assess for any item we return for insufficient funds or any overdraft. You can avoid the Continuous Negative Balance Charge by promptly depositing or transferring sufficient available funds to your account to pay the amount of the overdraft - plus any overdraft charges we have assessed - within the first five (5) consecutive business days from the time your account became over- drawnoverdrawn. The Continuous Negative Balance Charge will not be assessed if your negative account balance is within the tolerance threshold specified in our Schedule of Service Fees and Charges.